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FMC was the regulator of the commodities market in India. It was merged with SEBI in September 2015. SEBI is the regulator of the capital market in India and it was established in 1988 though it became an autonomous body by an act of the Parliament in 1992. SEBI is based in Mumbai, Maharashtra.
Naina and Kalpana working together can do a piece of work in 10 days, whereas Naina alone can do it in 12 days. In how many days can Kalpana do it alone?
